Answer:
Price at issuance is $1,000 for both bonds.
Price of the 5 year bond after the market rate increased to 7.4% is:
PV of face value = $1,000 / (1 + 3.7%)⁸ = $747.77
PV of coupon payments = $27.50 x 6.81694 (PV annuity factor, 3.7%, 8 periods) = $187.47
Market price = $935.24
this bond's price decreased by 64.76/1,000 = 0.06476 = 6.48%
Price of the 10 year bond after the market rate increased to 7.4% is:
PV of face value = $1,000 / (1 + 3.7%)¹⁸ = $519.97
PV of coupon payments = $27.50 x 12.97365 (PV annuity factor, 3.7%, 18 periods) = $356.78
Market price = $876.75
this bond's price decreased by 123.25/1,000 = 0.12325 = 12.33%
Answer:
d. $489,500
Explanation:
The capitalized cost will include all the costs incurred by Holiday laboratories to readily make the asset for use.
Therefore,
Capitalized cost = High speed industrial centrifuge + Shipping cost + Foundation cost + Equipment cost + Labor and testing cost + Material cost
= $440,000 + $30,000 + $8,600 + $3,000 + $5,300 + $2,600
= $489,500
That statement is True
Frauds are gonna exist, no matter what country you're in
No matter how many frauds are there that exist around, if you're smart enough to recognize it , you won't fall into the fraud
Otherwise, no matter how hard the Governments' work to reducing the amount of frauds around you, if you're unaware and gullible, there's a pretty high chance you're gonna fall to one
Answer:
Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The will disinherits a third son, Hal. Don and Elsie divorce, but Don dies before changing his will. Under the Uniform Probate Code:
c. Frank and Greg receive the entire estate in equal shares.
Explanation:
- Uniform Probate Code is applicable in almost 18 states of the United States that was developed to standardize the laws of wills, trusts, and intestacy.
- The option a is not correct as Elsie can't get the half of the farm as Don and Elsie were divorced.
- The option b is also incorrect as Elsie can't get the half of farm as well as Hal will not get the share.
- The option c is correct as it is in accordance with Uniform Probate Code.
- The option d is incorrect as state can't inherits the entire estate in the presence of heirs.
Answer:
If you don't trust the other party, you can't resolve conflict with them. You may even come to an agreement but without trust, you won't stick to it. ... In negotiations, parties who trust each other are more likely to cooperate and reveal information that may risk vulnerability.
